The central government might not sell its stake in the ongoing divestment process of the national passenger carrier Air India, if bids do not meet a minimum threshold value or floor price estimated for the airline.

Air India might even shut-down, if its ongoing divestment programme fails due to the terms and conditions set in its 'Express of Interest' (EOI) document. According to aviation consulting firm CAPA India.

The civil aviation ministry has extended the deadline for submitting expressions of interest (EoIs) for Air India by a fortnight to May 31 and has decided to allow shortlisted bidders to change partners.

Relaxation to travel by airlines other than Air India while availing LTC will be granted only in exceptional circumstances. Non availability of Air India Flight or Seat on a particular on a particular day or time will not…